EconomyCommentary
The Mystery of Wealth Inequality, Explained
Thomas Sowell has just published a revised and enlarged edition of his classic “Wealth, Poverty and Politics.” At the very beginning, he quotes Alexander Hamilton,… Read More
EconomyNews
Here’s How Low-Income Americans Feel About the Obama Administration’s New Lending Regulations
In order to crack down on what’s known as “predatory lenders,” the Obama administration proposed new rules that require short-term lenders to ensure customers have… Read More
Economy News
What to Know About the Fiscal Hawk Trump Chose as Budget Director
President-elect Donald Trump chose one of the most outspoken fiscal conservatives in Congress, Rep. Mick Mulvaney, to be director of the Office of Management and… Read More
EconomyNews
Trump’s ‘Penny Plan’ Could Slash Federal Spending Over Decade
Being penny-wise could pay off big over the next decade, according to budget experts looking at part of President-elect Donald Trump’s spending plan. While campaigning… Read More
EconomyCommentary
Government Intervention in Housing Has Always Been Bad. Here’s Why Today Is No Different.
Ever since the federal government embedded itself into the U.S. housing market, it has caused problems that ultimately cost taxpayers trillions of dollars. Most policymakers… Read More
EconomyNews
Senate Democrats Retreat, Help Pass Spending Bill to Avert Government Shutdown
Senate Democrats, digging in their heels Friday over health benefits for retired coal miners, threatened to shut down the government over the weekend for lack… Read More
EconomyNews
Stock Market Reacts Better for Trump Than Any Previous President-Elect
The U.S. stock market has been on an unprecedented upward climb since President-elect Donald Trump won the White House. Trump’s election sparked the biggest one-month… Read More
EconomyCommentary
Protectionism or Trade Freedom: What Do the Experts Say?
The recent presidential election has sparked a debate about international trade. Many politicians, policymakers, and media outlets seem to be unsure about whether trade is… Read More
EconomyCommentary
Senators Vow to ‘Use Any Means Necessary’ to Ensure Taxpayer Bailout of Private Union Pension Plan
As Congress closes up shop for 2016, a group of four Democratic senators is determined to “use whatever means necessary” to secure a special-interest taxpayer… Read More
EconomyNews
How Democrats Could Regulate Internet Even After Trump Takes Office
Democrats could maintain control of the agency making rules about the internet and other communications issues even after Donald Trump becomes president, as Democrats are… Read More
EconomyCommentary
Dodd-Frank Must Go. Here’s the Republican Plan to Save Community Banks, Spur Economic Growth.
With control of both the White House and Congress, Republicans finally have the opportunity to reignite the economy. American families and workers have been waiting… Read More
EconomyNews
Ben Carson, Critic of ‘Government Dependency,’ Picked to Lead Housing Agency
President-elect Donald Trump has chosen former rival Ben Carson to lead the Department of Housing and Urban Development, the Trump transition team announced Monday. “Ben… Read More
EconomyCommentary
November Jobs Report Shows Continuity, Not Recovery
November saw very little change in the U.S. labor market, according to a new employment report from the Bureau of Labor Statistics. Employers added a… Read More
EconomyNews
Lame Duck Will See Fight to Put Export-Import Bank Back on Its Feet
Business groups and the White House are urging Congress to use a must-pass spending bill to make the Export-Import Bank fully operational again, setting up… Read More
EconomyNews
What to Know About Steven Mnuchin, Trump’s Pick for Treasury
Though not a widely known quantity in Washington, Steven Mnuchin, President-elect Donald Trump’s choice for treasury secretary, has had a seasoned career in high finance,… Read More
EconomyNews
6 Interesting Facts About Elaine Chao, Trump’s Pick for Transportation Secretary
President-elect Donald Trump tapped Elaine Chao to head the U.S. Department of Transportation, his transition team announced Tuesday. “Secretary Chao’s extensive record of strong leadership and… Read More
EconomyNews
Web Hosting Company Shuts Down Conservative Site Boycotting Target Stores
The conservative group 2ndVote has called for a boycott on Christmas shopping at the retail giant Target over its bathroom policies. But on Nov. 23,… Read More
EconomyNews
Grave Digging in Iceland, Tofu in Convenience Stores: Your Tax Dollars at Work
The national debt is expected to hit $20 trillion early next year. Sen. James Lankford has a few ideas to start chipping away at it…. Read More
EconomyCommentary
A Government Report Shows Huge Downsides to Overtime Rule Just Stopped by Judge
Last night, news emerged that a federal judge put a halt to the Department of Labor’s damaging new overtime rule. This is welcome news, and… Read More
EconomyNews
Federal Judge Blocks Implementation of Controversial Overtime Rule
A federal judge blocked implementation of a controversial rule addressing overtime pay from taking effect next week, a rule that had businesses, nonprofits, and higher… Read More
EconomyNews
Conservative Group Launches Boycott of Target Over Bathroom Policies
A conservative watchdog group has started a campaign to boycott Target over its bathroom policies. In April, Target announced that customers and employees at its locations would… Read More
EconomyNews
Trump Wants a Short-Term Spending Package. Will Congress Back Him?
President-elect Donald Trump requested Congress pass a short-term spending bill to fund the government through March, according to reports. House Republican members are looking to… Read More
EconomyCommentary
New Regulations Would Throw Railroads Off Track
With the new Trump administration beginning to taking shape, regulators of every stripe will soon be looking for ways to trim red tape. But apparently,… Read More
EconomyNews
President of National Teachers’ Union Cites Holocaust in Comments on Trump
The president of one of the nation’s largest teachers’ union cited the Holocaust in comments she made about President-elect Donald Trump while speaking at an… Read More
EconomyCommentary
Dismantling Dodd-Frank: How Congress Can Begin to Restore Financial Security
President-elect Donald Trump campaigned on the promise of dismantling Dodd-Frank, and now Senate Democrats are pretty much the only thing that can derail that promise…. Read More
EconomyNews
House Passes Bill Blocking Sale of Aircraft to Iran
House Republicans voted Thursday to block the sale of aircraft to Iran, a move GOP lawmakers and some Democrats said would protect taxpayer dollars from… Read More
EconomyNews
House Republicans Delay Earmark Debate Until 2017 After Almost Voting to Revive Them
House Republicans were on the verge of bringing back earmarks Wednesday before Speaker Paul Ryan intervened to delay a decision until early next year. A… Read More
EconomyNews
Conservatives Warn GOP Not to Revive Earmarks in Wake of Trump’s Win
Conservative lawmakers and groups are speaking out in opposition to a House Republican proposal to revive the practice of earmarking in the next Congress. Earmarks… Read More
EconomyNews
House GOP Weighs Proposal to Bring Back Earmarks
One week after Donald Trump won the presidency on a promise to “drain the swamp” in Washington, House Republicans will vote on a proposal to… Read More
EconomyNews
As National Debt Nears $20 Trillion, Senator Takes Aim at Government Waste
How do you begin addressing the U.S. government’s nearly $20 trillion debt? For one senator, the answer begins with wasteful spending. In an interview with… Read More
